2014 FJD to BGN Historical Review

YEARLY HIGH

0.8149 BGN

YEARLY LOW

0.7516 BGN

YEARLY AVERAGE

0.7844 BGN

2014 FJD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FJD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.8149. Conversely, the yearly low was recorded on March 17, dropping to 0.7516.

This high-to-low spread represents a total annual volatility of 0.0633 BGN. From a start-to-finish perspective, comparing the January average rate of 0.7624 to the December average rate of 0.8026, the exchange rate registered a net change of 5.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8149 was down 5.29% compared to the 2013 peak of 0.8605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 4,075 BGN

2013 Average 4,028 BGN

Yearly Trough Low 3,758 BGN

Transaction Impact: A difference of 316.49 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8109

0.7563

JanuMarcMayJulySeptNove

FJD to BGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.7699, compared to 0.7989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0290 points.

H1 Avg (Jan–Jun) 0.7699

H2 Avg (Jul–Dec) 0.7989

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.0233 BGN (High: 0.7750 / Low: 0.7516). On the other end, April was the most stable month, with a tight range of 0.0083 BGN (High: 0.7749 / Low: 0.7665).

March Spread (Volatile) ±0.0233

April Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0038 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.8044) against the same month in 2013 (average: 0.7860), the exchange rate shifted by +0.0184 (+2.35%).

2014 Avg (September) 0.8044

2013 Avg (September) 0.7860

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7692	0.7550	0.7624
February	0.7708	0.7577	0.7637
March	0.7750	0.7516	0.7608
April	0.7749	0.7665	0.7714
May	0.7814	0.7679	0.7767
June	0.7926	0.7779	0.7844
July	0.7928	0.7812	0.7868
August	0.8034	0.7862	0.7919
September	0.8149	0.7979	0.8044
October	0.8088	0.7929	0.8015
November	0.8143	0.8023	0.8063
December	0.8124	0.7920	0.8026